Robert Hubbard - Blackrock Floating Independent Trustee

FRA Fund  USD 12.99  0.01  0.08%   
Robert Hubbard is Fund Manager at Blackrock Floating Rate
Dr. Robert Glenn Hubbard, Ph.D., is Independent Trustee of the company. Dr. Hubbard has served in numerous roles in the field of economics, including as the Chairman of the U.S. Council of Economic Advisers of the President of the United States. Dr. Hubbard serves as the Dean of Columbia Business School, has served as a member of the Columbia Faculty and as a Visiting Professor at the John F. Kennedy School of Government at Harvard University, the Harvard Business School and the University of Chicago. Dr. Hubbards experience as an adviser to the President of the United States adds a dimension of balance to the Funds governance and provides perspective on economic issues. Dr. Hubbards service on the boards of ADP and Metropolitan Life Insurance Company provides the Boards with the benefit of his experience with the management practices of other financial companies. Dr. Hubbards longstanding service on the boards of the ClosedEnd Complex also provides him with a specific understanding of the Funds, their operations, and the business and regulatory issues facing the Funds
Age 63
Tenure 18 years
Phone212 810 5300
Webhttps://www.blackrock.com/investing/products/240189/blackrock-floating-rate-income-strategies-fund-inc-usd-fund
Hubbard’s independence from the Funds and the Funds’ investment advisor enhances his service as the Chair of the Governance Committee and a member of the Compliance Committee and Performance Oversight Committee.

Robert Hubbard Latest Insider Activity

Tracking and analyzing the buying and selling activities of Robert Hubbard against Blackrock Floating fund is an integral part of due diligence when investing in Blackrock Floating. Robert Hubbard insider activity provides valuable insight into whether Blackrock Floating is net buyers or sellers over its current business cycle. Note, Blackrock Floating insiders must abide by specific rules, including filing SEC forms every time they buy or sell Blackrock Floating'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Blackrock Floating Management Performance (%)

The company has Return on Asset of 2.32 % which means that on every $100 spent on assets, it made $2.32 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (5.64) %, meaning that it generated no profit with money invested by stockholders. Blackrock Floating's management efficiency ratios could be used to measure how well Blackrock Floating manages its routine affairs as well as how well it operates its assets and liabilities.
Blackrock Floating Rate has 203.15 M in debt with debt to equity (D/E) ratio of 0.46, which is OK given its current industry classification. Blackrock Floating Rate has a current ratio of 1.23, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Debt can assist Blackrock Floating until it has trouble settling it off, either with new capital or with free cash flow. So, Blackrock Floating's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Blackrock Floating Rate sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BlackRock to invest in growth at high rates of return. When we think about Blackrock Floating's use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

Susan SutherlandEaton Vance Floating
64
Cedric AntosiewiczNuveen Floating Rate
57
Mark FettingEaton Vance Floating
67
Henry GabbayBlackRock Floating Rate
72
Valerie MosleyEaton Vance Senior
61
Jay FifeBlackRock Floating Rate
51
Cynthia FrostEaton Vance Floating
60
Thomas FaustEaton Vance Senior
63
Craig RussEaton Vance Senior
61
Frank FabozziBlackRock Floating Rate
73
James KirchnerEaton Vance Senior
54
James KirchnerEaton Vance Floating
54
Michael CastellanoBlackRock Floating Rate
75
David LambNuveen Floating Rate
57
Valerie MosleyEaton Vance Floating
61
CFA HinckleyEaton Vance Floating
N/A
Cynthia FrostEaton Vance Senior
60
Scott WennerholmEaton Vance Floating
62
Janey AhnBlackRock Floating Rate
46
Helen PetersEaton Vance Floating
73
Thomas FaustEaton Vance Floating
63
BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. BlackRock Floating Rate Income Strategies Fund, Inc. was formed on October 31, 2003 and is domiciled in the United States. Blackrock Floating is traded on New York Stock Exchange in the United States. The fund is not classified under any group at the present time.

Management Performance

Blackrock Floating Rate Leadership Team

Elected by the shareholders, the Blackrock Floating's board of directors comprises two types of representatives: Blackrock Floating inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BlackRock. The board's role is to monitor Blackrock Floating's management team and ensure that shareholders' interests are well served. Blackrock Floating's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Blackrock Floating's outside directors are responsible for providing unbiased perspectives on the board's policies.
Henry Gabbay, Independent Trustee
Robert Hubbard, Independent Trustee
Karen Robards, Independent Vice Chairman of the Board of Trustees
Richard Cavanagh, Independent Co-Chairman of the Board of Trustees
Charles Park, Chief Compliance Officer (“CCO”) and Anti-Money Laundering Officer
Frank Fabozzi, Independent Trustee
J Holloman, Independent Trustee
Janey Ahn, Secretary
John Perlowski, President, Chief Executive Officer, Trustee
Michael Castellano, Independent Trustee
Cynthia Egan, Independent Trustee
Jay Fife, Treasurer
Jonathan Diorio, Vice President
Robert Fairbairn, Trustee
Neal Andrews, Chief Financial Officer
Trent Walker, Chief Financial Officer
Catherine Lynch, Independent Trustee
Stayce Harris, Independent Trustee
W Kester, Independent Trustee

BlackRock Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Blackrock Floating a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in BlackRock Fund

Blackrock Floating financial ratios help investors to determine whether BlackRock Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BlackRock with respect to the benefits of owning Blackrock Floating security.
CEOs Directory
Screen CEOs from public companies around the world
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency